Yotta Expands India's GPU Capacity Amid Shortage

India's Yotta Data Services, building a $2 billion AI hub using Nvidia chips, says domestic GPU demand now exceeds supply as local models and user adoption scale. Yotta, sourcing Nvidia GPUs since 2023, claims 60–70% of India's GPU capacity and plans a $1.2–1.5 billion pre-IPO funding round with an IPO target within 12 months; broader investments are expanding data-center capacity.